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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: CYC who wrote (28984)4/25/2000 1:20:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 42523
 
it's not nullified yet. a wave 2 retracement can in some cases retrace the entire wave 1 down. but i have a feeling that the chart pattern in the Dow/SPX, etc. indicates a final hurrah rally is in the making. during this rally the NAZ/NDX may well retrace a significant portion of their recent losses.



To: CYC who wrote (28984)4/26/2000 10:26:00 PM
From: John Pitera  Read Replies (1) | Respond to of 42523
 
Does Dhruv post on SI or are you referring to his LONGWAVES
posts?



To: CYC who wrote (28984)4/26/2000 10:42:00 PM
From: pater tenebrarum  Respond to of 42523
 
seeing John's post has reminded me that i got an e-mail from Dhruv: in essence he said that since second waves can retrace up to 100% of wave one down (something i have mentioned here as well) the bearish count is as of yet not negated. especially the NAZ is seen as only making a corrective bounce by him.


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